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A bond with a face value of $1,000,000 was sold for 101%. The cash proceeds received from the issue was A. $1,001,750 OB. $1,010,750 C.

A bond with a face value of $1,000,000 was sold for 101%. The cash proceeds received from the issue was A. $1,001,750 OB. $1,010,750 C. $1,017,500 D. $1,175,000

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